Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.
The proposed power plant to be located near the close to the Gulf Coast near the Texas-Louisiana border is just one of several hydrogen projects that U.S. utilities are developing.
The dedication of resources in the new organization will accelerate growth in multiple business lines that Chevron expects to be part of a lower-carbon energy system, says CEO Mike Wirth.
Europe's top energy companies signaled confidence in a lasting recovery from the pandemic impact on July 29 by drawing on higher oil prices to boost shareholder returns and reassure investors as they roll out risky climate strategies.
The fund, named Brookfield Global Transition Fund, is supported by founding investment partners, Ontario Teachers’ Pension Plan Board and Temasek, which both pledged major commitments.
DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
Iraq's Prime Minister Mustafa al-Kadhimi said on July 26 he wants another American company to replace Exxon Mobil Corp. when it exits Iraq.
How the EU and U.S. invest in oil, gas and renewables is leading the powerhouse nations toward starkly different futures.